Arab Press

بالشعب و للشعب
Thursday, Feb 12, 2026

EU delegation set to open investigation into governor of Lebanon’s central bank

EU delegation set to open investigation into governor of Lebanon’s central bank

A judicial delegation from France, Germany and Luxembourg will open its investigation into the activities of Lebanon’s central bank and its governor, Riad Salameh, in Beirut on Monday. It is expected to continue until Friday.
Salameh is facing prosecution in cases relating to money transfers from Lebanon to banks in those European countries, the sources of the funds and the extent to which they might be linked to corruption, money laundering and financial crimes in Europe.

Arab News understands the Central Criminal Investigation Division affiliated with the Public Prosecution Office in Lebanon has informed those who have been called for questioning of the dates on which they are expected to attend the Justice Palace in Beirut, beginning early next week. They include 15 banking officials, including current and former vice-governors of the central bank. Salameh himself will not be questioned at this stage, a judicial source said.

In March 2022, European authorities froze $130 million of Lebanese assets, and targeted Salameh and four people close to him for investigation in relation to alleged embezzlement of public funds.

Judge Ghassan Oweidat, Lebanon’s public prosecutor, met on Thursday with a diplomatic delegation from the embassies of France, Germany and Luxembourg at the Justice Palace. The Lebanese judiciary has expressed disapproval of the way it is being treated in the case.

Lebanese authorities were officially informed by letter that a judicial delegation from the three European countries would be arriving in Lebanon to conduct their investigation. The delegation includes public prosecutors and specialist financial judges, who told Lebanese authorities about their visit in the letter without formally requesting authorization to conduct their investigation.

This was a strange and an unprecedented move, according to the judicial source, who also questioned what it means for the sovereignty and relevance of the Lebanese state if foreign countries can simply grant themselves the authority to conduct investigations on its soil.

He also said it was surprising that the representatives of the three European countries had only informed the Lebanese judiciary of the date of the delegation’s arrival in Beirut to conduct its investigation and the names of the individuals to be questioned, without requesting the judiciary’s assistance or cooperation. This undermines and violates the authority of the Lebanese judiciary, he added.

“The foreign judicial delegation doesn’t have the right to arrive in Lebanon and conduct investigations without a letter of request,” the source said.

“The Convention against Corruption signed by Lebanon requires it to meet the demands of foreign judicial authorities, provided that they comply with the Lebanese laws.”

Salameh has faced harsh criticism for his monetary policies and financial engineering operations, which have been blamed for contributing to the accumulation of debt and eventual collapse of Lebanon’s economy.

The French financial judiciary has been investigating him since 2021 on charges of money laundering and embezzlement. He has been governor of the central bank since 1993 and his term is set to end in May.

Switzerland has also been investigating allegations of embezzlement in the central bank, with Salameh and his brother the main suspects.

During their meeting, Judge Oweidat and the delegates went through the due process followed by Lebanon in such cases. The investigation will take place at the hall of the Court of Cassation at the Justice Palace in Beirut and the judicial source said Oweidat and the delegates agreed a protocol to be followed during the investigation. It requires investigators to direct their questions to witnesses through Lebanese judges who will be present during the sessions, rather then directly to the individuals being questioned, who have the right to have lawyers present.

“If the European judges want to make any claims, they should do so in their countries and not during the investigation sessions in Lebanon,” the judicial source said.

“After the claim, a refund request should be sent to Lebanon. What is certain is that no action can be taken against any Lebanese who was interrogated and investigated during the hearing.”

The source said the Lebanese judiciary cannot extradite any Lebanese citizen to any other country for prosecution in the case, even if there are signed conventions in place between the countries. Any prosecution of a Lebanese citizen will take place in Lebanese territory, similar to what happened in the case of Ziad Takieddine, he added.

Takieddine is a 72-year-old Lebanese-French businessman accused by the French judiciary of financial crimes. He was a key witness in an investigation into alleged Libyan financing of former French President Nicolas Sarkozy’s 2007 election campaign. He told French investigators in 2016 that he gave Sarkozy and his office manager €5 million ($5.3 million) to fund Sarkozy’s campaign. He was detained in Lebanon in 2020 and where he faced a French investigation but was tried by the Lebanese judiciary.

Similarly, in 2021 French investigators visited Lebanon to question Lebanese businessman Carlos Ghosn. Their questions were directed to a Lebanese judge who, in turn, put them to Ghosn.

The judicial source added: “The French know this protocol in Lebanon because they have experienced it before.”
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Prince William in Saudi Arabia on Official Three-Day Visit to Strengthen UK-Saudi Relations
Prince William Highlights Women’s Sport During High-Profile Visit to Saudi Arabia
Prince William Begins High-Profile Diplomatic Mission to Saudi Arabia
Syria and Saudi Arabia Seal Multibillion-Dollar Investment Agreements to Drive Post-War Economic Reconstruction
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
Foreign Governments and Corporations Spend Millions with Trump-Linked Lobbying Firm in Washington
KPMG Urges Auditor to Relay AI Cost Savings
Saudi Arabia Quietly Allows Wealthy Foreign Residents to Buy Alcohol, Signalling Policy Shift
US and Iran to Begin Nuclear Talks in Oman
China unveils plans for a 'Death Star' capable of launching missile strikes from space
Investigation Launched at Winter Olympics Over Ski Jumpers Injecting Hyaluronic Acid
U.S. State Department Issues Urgent Travel Warning for Citizens to Leave Iran Immediately
Wall Street Erases All Gains of 2026; Bitcoin Plummets 14% to $63,000
Eighty-one-year-old man in the United States fatally shoots Uber driver after scam threat
German Chancellor Friedrich Merz Begins Strategic Gulf Tour with Saudi Arabia Visit
Dubai Awards Tunnel Contract for Dubai Loop as Boring Company Plans Pilot Network
Five Key Takeaways From President Erdoğan’s Strategic Visit to Saudi Arabia
AI Invented “Hot Springs” — Tourists Arrived and Were Shocked
Erdoğan’s Saudi Arabia Visit Focuses on Trade, Investment and Strategic Cooperation
Germany and Saudi Arabia Move to Deepen Energy Cooperation Amid Global Transition
Saudi Aviation Records Historic Passenger Traffic in 2025 and Sets Sights on Further Growth in 2026
Tech Market Shifts and AI Investment Surge Drive Global Innovation and Layoffs
Global Shifts in War, Trade, Energy and Security Mark Major International Developments
Tesla Ends Model S and X Production and Sends $2 Billion to xAI as 2025 Revenue Declines
The AI Hiring Doom Loop — Algorithmic Recruiting Filters Out Top Talent and Rewards Average or Fake Candidates
Federal Reserve Holds Interest Rate at 3.75% as Powell Faces DOJ Criminal Investigation During 2026 Decision
Putin’s Four-Year Ukraine Invasion Cost: Russia’s Mass Casualty Attrition and the Donbas Security-Guarantee Tradeoff
Saudi Crown Prince Tells Iranian President: Kingdom Will Not Host Attacks Against Iran
U.S. Central Command Announces Regional Air Exercise as Iran Unveils Drone Carrier Footage
Trump Defends Saudi Crown Prince in Heated Exchange After Reporter Questions Khashoggi Murder and 9/11 Links
Saudi Stocks Rally as Kingdom Prepares to Fully Open Capital Market to Global Investors
Air France and KLM Suspend Multiple Middle East Routes as Regional Tensions Disrupt Aviation
Saudi Arabia scales back Neom as The Line is redesigned and Trojena downsized
Saudi Industrial Group Completes One Point Three Billion Dollar Acquisition of South Africa’s Barloworld
Saudi-Backed LIV Golf Confirms Return to Trump National Bedminster for 2026 Season
Gold Jumps More Than 8% in a Week as the Dollar Slides Amid Greenland Tariff Dispute
Boston Dynamics Atlas humanoid robot and LG CLOiD home robot: the platform lock-in fight to control Physical AI
United States under President Donald Trump completes withdrawal from the World Health Organization: health sovereignty versus global outbreak early-warning access
Trump Administration’s Iran Military Buildup and Sanctions Campaign Puts Deterrence Credibility on the Line
Tech Brief: AI Compute, Chips, and Platform Power Moves Driving Today’s Market Narrative
NATO’s Stress Test Under Trump: Alliance Credibility, Burden-Sharing, and the Fight Over Strategic Territory
Saudi Arabia’s Careful Balancing Act in Relations with Israel Amid Regional and Domestic Pressures
Greenland, Gaza, and Global Leverage: Today’s 10 Power Stories Shaping Markets and Security
America’s Venezuela Oil Grip Meets China’s Demand: Market Power, Legal Shockwaves, and the New Rules of Energy Leverage
Trump’s Board of Peace: Breakthrough Diplomacy or a Hostile Takeover of Global Order?
Trump’s Board of Peace: Breakthrough Diplomacy or a Hostile Takeover of Global Order?
Trump’s Board of Peace: Breakthrough Diplomacy or a Hostile Takeover of Global Order?
Trump’s Board of Peace: Breakthrough Diplomacy or a Hostile Takeover of Global Order?
Prince William to Make Official Visit to Saudi Arabia in February
Saudi Arabia Advances Ambitious Artificial River Mega-Project to Transform Water Security
×